BHP Approves C$6.4B for Stage Two of the Jansen Potash Project, Doubling Investment in Canada and Potash
Portfolio Pulse from Benzinga Newsdesk
BHP has approved an investment of C$6.4 billion for Stage 2 of the Jansen potash project, doubling its investment in potash. This follows BHP's approval of C$7.5 billion for stage one of the project in August 2021, and a pre-Jansen Stage 1 investment of C$4.9 billion.
October 31, 2023 | 7:57 am
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BHP's significant investment in the Jansen potash project indicates a strategic focus on potash, potentially driving future growth.
BHP's substantial investment in the Jansen potash project indicates a strategic focus on this area. This could potentially drive future growth for the company, positively impacting its stock price in the short term.
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